--- title: "Research Alert: CFRA Keeps Buy Opinion On Adss Of Hsbc Holdings Plc" type: "News" locale: "en" url: "https://longbridge.com/en/news/285230103.md" description: "CFRA has maintained a Buy rating on HSBC Holdings Plc, trimming its target price to USD100 from USD108 due to increased near-term risk. Analysts believe the market has overreacted to Q1 results, overlooking the company's strong fundamentals, including an 18.7% adjusted RoTE and significant growth in the Wealth franchise. The 2026 EPS forecast remains at USD1.60, while the 2027 EPS is raised to USD1.80, reflecting confidence in the company's earnings potential." datetime: "2026-05-05T15:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285230103.md) - [en](https://longbridge.com/en/news/285230103.md) - [zh-HK](https://longbridge.com/zh-HK/news/285230103.md) --- # Research Alert: CFRA Keeps Buy Opinion On Adss Of Hsbc Holdings Plc 11:00 AM EDT, 05/05/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We trim our target price to USD100 (from USD108), applying a 12.5x P/E to our unchanged 2026 EPADS forecast. This slight moderation from our previous 13.5x multiple reflects a higher near-term risk premium to account for the uncertainty introduced by the one-off credit and geopolitical provisions. We maintain our 4-STARS (Buy) recommendation and view the negative market reaction to Q1 results as an opportunity. We believe the market over-penalized the stock for headline 'noise' from large, specific provisions, while overlooking the underlying strength of business, which was validated by 18.7% adjusted RoTE, exceptional momentum in the Wealth franchise (USD39B net new money), upgraded NII guidance to ~USD46 billion, and a clearer path to resuming share buybacks. While we maintain our 2026 EPS forecast at USD1.60, we raise our 2027 EPS to USD1.80, underscoring our confidence that the fundamental earnings power of the franchise will continue to grow. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) ## Related News & Research - [HSBC stock rises on Q1 earnings: can it hold gains despite profit miss?](https://longbridge.com/en/news/285154950.md) - [HSBC Issues 1Q 2026 Data Pack and Refines Client Segmentation](https://longbridge.com/en/news/285159392.md) - [HSBC Declares First 2026 Interim Dividend With Multi-Currency Options](https://longbridge.com/en/news/285154183.md) - [Jefferies Sticks to Their Hold Rating for HSBC Holdings (HSBA)](https://longbridge.com/en/news/285165899.md) - [HSBC Holdings declares $0.50/ADS interim dividend](https://longbridge.com/en/news/285165764.md)